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Take a close look at any company out there and you’ll see most of them outsource some of their business operations. This is the case because outsourcing is one of those strategies that can help you keep your operational costs as low as possible. Not only this but companies...

Do you remember the 1999 movie Office Space? It is the most realistic representation of dull and ineffective office design where employees are stuck in almost claustrophobic workstations, but still, face noise and distractions from all around the space. Decades from that movie, we still have some companies that...

Getting a partner for your business has its pros and cons. On the one side, doing business together with someone means you share your profit and lose the independence you had as a sole owner of the company – now there’s another person involved in making the decisions. On...

When developing an e-learning or training program for a global audience, it’s important to prepare. Taking steps to accommodate the future translation of your content will save you a lot of time, effort, and money in the long run. Obviously, different types of content will require a different approach....

Even a complete layman knows that the key to success in business lies in making the right decisions at the right time. Now, to people who have years and decades of experience in the industry, this may not seem hard, seeing as how they have gone through a number...

Turning your employees into a team isn’t a quick and easy process, and you really have to put your mind to it if you want to form unity and coherence in your company. However, if you manage to do so, your business will bloom, your staff will be happier...

There are many myths about life insurance. Who should have a policy and when can be confusing, with many Australians holding misconceptions about the product. Here we break down five of the most common life insurance myths that are holding Aussies back from purchasing a policy. RELATED POST: WAYS TO...

The Australian job market is very robust and it’s been growing constantly for the past 15 years in almost all industrial fields and in every part of the country. However, there are a few new trends to notice and adjust to. First of all, manufacturing jobs are moving overseas...

Some industries are overwhelmingly competitive. A lot of people are making the same products, and at the end of the day, the consumer chooses who the tried and true favorite will be. When you’re trying to stand up above the rest, you already have your work cut out for...

Tycoonstory is the largest Online Network for Entrepreneurs & Startups. Tycoonstory gives the opportunity to share the challenges of being an entrepreneur and offers a regularly updated resource on entrepreneurship. Tycoonstory explores the creative process and issues around how people, companies, and industries are making it happen.